New Research Highlights the Importance of Getting Paid on Time
Posted in Business Debt, Churchill Recovery, Debt Collection Company, Debt Recovery, Late Payment Interest, Late Payment Policy, Recover Your Debts, Small Businesses, SMEs
The impact of late payments on cashflow is well-known, however a recent survey shows that late payments come with additional consequences for those businesses affected. The survey of 1,233 British businesses commissioned by employee spend management firm, Concur, found that 4 in 10 of those businesses were feeling the impact of late payments. The way…